Why should Hire a Real Estate Broker?

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Why should Hire a Real Estate Broker?
Slope Style Realty Christy Wilkey Caroline
Krumel
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If youre thinking about buying a home, you may
wonder whether you need a real estate broker.
There are plenty of resources for a buyer these
days, from online search sites to how-to guides.
But a broker has something no buyer
particularly a first-time buyer does a wealth
of experience. A broker will work as an advocate
on your behalf and, in most cases, will get you a
better deal than you could get yourself.
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1.
Education Experience
Real estate brokers have first-hand knowledge and
experience of the real estate market. You likely
dont know exactly what the market is like right
now in your area. Are homes generally selling for
97 percent of asking price? Can you expect
to compete against multiple offers? Do you know
what it takes to win against other bidders? If
you want a three-bedroom detached home, what
should you expect to pay? Whats the inventory
like? Your agent will be able to counsel you on
these topics. The best way to get an offer
accepted at a price thats in your favor is to
know the market intimately and a local real
estate broker does.
2.
Negotiating Is Tricky Business
Brokers take the spam out of your property
showings and visits. If you're a buyer of new
homes, your broker will whip out her sword and
keep the builder's agents at bay, preventing them
from biting or nipping at your heels. If you're a
seller, your broker will filter all those phone
calls that lead to nowhere from lookie loos and
try to induce serious buyers to write an offer
immediately.
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3.
Contracts Can Be Hard To Handle
An experienced real estate broker deals with the
same contracts and conditions on a regular basis,
and is familiar with which conditions should be
used, when they can safely be removed and how to
use the contract to protect you, whether you're
buying or selling your home.
4.
Market Conditions Information
Real estate agents can disclose market
conditions, which will govern your selling or
buying process. Many factors determine how you
will proceed. Data such as the average per square
foot cost of similar homes, median and average
sales prices, average days on market and ratios
of list-to-sold prices, among other criteria,
will have a huge bearing on what you ultimately
decide to do.
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5.
Real Estate Brokers Can't Lie
Because they are licensed professionals there are
more repercussions if they do than for a private
buyer or seller. If you are working with a
licensed real estate broker under an agency
agreement, your broker will be bound by common
law to a fiduciary relationship. In other words,
the broker is bound by license law to act in
their clients' best interest (not his or her
own). In addition, most realtors rely on
referrals and repeat business to build the kind
of clientèle base they'll need to survive in the
business. This means that doing what's best for
their clients should be as important to them as
any individual sale.
6.
Professional Networking
Real estate brokers network with other
professionals, many of whom provide services that
you will need to buy or sell. Due to legal
liability, many brokers will hesitate to
recommend a certain individual or company over
another, but they do know which vendors have a
reputation for efficiency, competency, and
competitive pricing. broker can, however, give
you a list of references with whom they have
worked and provide background information to help
you make a wise selection.
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7.
No Additional Cost
Many people eschew using a real estate agent to
save money, but keep in mind that it is unlikely
that both the buyer and seller will reap the
benefits of not having to pay commissions. For
example, if you are selling your home on your
own, you will price it based on the sale prices
of other comparable properties in your area. Many
of these properties will be sold with the help of
an agent. This means that the seller gets the
keep the percentage of the home's sale price that
might otherwise be paid to the real estate agent.
8.
Find the Right Fit
Finding a good broker is important. Ultimately,
you will want a brokers whos knowledgeable,
dedicated and who has no conflict of interest. 
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For further Details
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http//www.slopestylerealty.com
435-565-1492
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